Delta’s IT outage woes are costing the airline $350 million and counting, analysts say

The IT outage caused by a faulty CrowdStrike Holdings Inc. software update that has resulted in Delta Air Lines Inc. canceling some 6,700 flights since Friday will cost the airline $350 million and shave 200 basis points off its operating margins.

Delta’s IT outage woes are costing the airline $350 million and counting, analysts say
The IT outage caused by a faulty CrowdStrike Holdings Inc. software update that has resulted in Delta Air Lines Inc. canceling some 6,700 flights since Friday will cost the airline $350 million and shave 200 basis points off its operating margins.